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9 Which of the following statements about dividends is FALSE? 12 a) special dividends are paid annually. b) dividends are paid when declared by the

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9 Which of the following statements about dividends is FALSE? 12 a) special dividends are paid annually. b) dividends are paid when declared by the board of directors. c) regular dividends are usually paid quarterly or semi-annually. d) dividends can be reinvested through a DRIP. Which of the following is a major advantage of dividend re-reinvestment plans? a) The cost to join a DRIP is usually pretty low. Ob) DRIPs are guaranteed a minimum return per re-investment. c) The dividends are reinvested once a year to keep tax rates low. d) The stock is purchased at a discount to the market price

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